In this insightful conversation, Robert Armstrong, a U.S. financial commentator for the Financial Times, delves into the ramifications of the DeepSeek trade. He discusses the uninvestable nature of Chinese stocks despite their corporate developments. Additionally, Robert compares European and U.K. stocks to their U.S. counterparts and shares his perspective on Trump’s comments regarding interest rates. He also addresses how the current immigration crackdown could influence investors, offering a comprehensive view of today's market landscape.